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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Klaytn Merges With Finschia, Launches New Foundation in Abu Dhabi: South Korea's Klaytn and Abu Dhabi's Finschia blockchains have finalized a merger, paving the way for the creation of "Project Dragon."


👉Details: https://coinmarketcap.com/academy/article/klaytn-merges-with-finschia-launches-new-foundation-in-abu-dhabi

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🗞 CryptoNews of the Day 🗞

Spain’s Largest Telecom Provider Partners With Chainlink To Prevent Sim Swap Attacks: Telefónica, the Spanish telecom giant, is teaming up with Web3 oracle provider Chainlink to bolster security against SIM swap attacks.

👉Details: https://coinmarketcap.com/academy/article/spains-largest-telecom-provider-partners-with-chainlink-to-prevent-sim-swap-attacks

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CoinMarketCap Announcements

🔎 #CMCResearch 🔎

CoinMarketCap and IoTex dive into Decentralized Physical Infrastructure Networks (DePIN) and the technology stack of modular layers that compose the DePIN ecosystem.🔗

By leveraging crypto-economic rewards, DePINs encourage community-driven growth, fundamentally altering our approach to constructing and understanding our environment.🚀

👉 Details: https://coinmarketcap.com/academy/article/the-modular-depin-infrastructure-a-comprehensive-overview

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Bankruptcy Judge Allows Genesis To Liquidate $1.3B Worth of GBTC Stock: A New York bankruptcy judge has granted Genesis Global Holdco permission to liquidate roughly $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares to compensate investors.

👉Details: https://coinmarketcap.com/academy/article/bankruptcy-judge-allows-genesis-to-liquidate-dollar13b-worth-of-gbtc-stock

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🗞 CryptoNews of the Day 🗞

Bitcoin Futures Open Interest Hits Highs of November 2021 as BTC Surge Past $52,000: The notional open interest of Bitcoin futures contracts has climbed to a 26-month high of $21 billion, fueling optimism about the leading cryptocurrency's recent price rally.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-futures-open-interest-hits-highs-of-november-2021-as-btc-surge-past-dollar52000

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CoinMarketCap Announcements

We are pleased to announce that @Galaxisxyz is the latest project to join our #CMCLabs as an incubatee, a part of the CoinMarketCap Web3 Accelerator Program.

Galaxis is poised to transform the paradigms of interaction, cooperation, and innovation within decentralized networks.

Watch this space as we back Galaxis on its mission to fuel decentralized communities! 🔥

Details: <https://coinmarketcap.com/academy/article/cmcs-strategic-incubation-of-galaxis-unveiled-a-new-era-for-blockchain-powered-communities&gt;

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CoinMarketCap Announcements

We are thrilled to announce Galaxis as our new Incubatee of #CMCLabs, CoinMarketCap's Web3 Accelerator Program 🤝🔥

Galaxis is set to revolutionize how we connect, collaborate, and create 🧠
Stay tuned for more updates as we support Galaxis's journey to empower decentralized communities! 🚀

👉 Details: https://coinmarketcap.com/academy/article/cmcs-strategic-incubation-of-galaxis-unveiled-a-new-era-for-blockchain-powered-communities

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

South Korean Crypto Executives Apprehended for Allegedly Looting $828M Worth of Crypto: Three executives at yield platform Haru Invest were arrested by South Korean authorities.

👉Details: https://coinmarketcap.com/academy/article/south-korean-crypto-executives-apprehended-for-allegedly-looting-dollar828m-worth-of-crypto

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🗞 CryptoNews of the Day 🗞

MicroStrategy Buys Another $37M More of Bitcoin, BTC Holding Now $8.1B: MicroStrategy, the leading public Bitcoin holder, continues its bullish stance, acquiring another 850 BTC in January, bringing its total to 190,000, worth a staggering $8.1 billion.

👉Details: https://coinmarketcap.com/academy/article/microstrategy-buys-another-dollar37m-more-of-bitcoin-btc-holding-now-dollar81b

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CoinMarketCap Announcements

🔎 CMCResearch: Deep Dive on BitTorrent Chain (BTTC) 🔎

In an increasingly fragmented ecosystem of chains, BTTC seeks to connect blockchains together using its unique three-tier architecture and a lock-and-mint model.🌉

Dive deeper into BTTC's Infrastructure, ecosystem & roadmap to understand its potential impact on Crypto. 💪

👉Details: https://coinmarketcap.com/academy/article/deep-dive-on-bittorrent-chain-bttc

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Epic Games Will List Web3 First-Person Shooter Game ‘Shrapnel’: Epic Games Store is set to launch "Shrapnel," a first-person shooter crypto game.

👉Details: https://coinmarketcap.com/academy/article/epic-games-will-list-web3-first-person-shooter-game-shrapnel

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🗞 CryptoNews of the Day 🗞

U.S. DOJ Charges 2 School Staff For Mining Crypto in School District: The United States Department of Justice (DOJ) has charged two senior staff members of the Patterson Joint Unified School District in California.

👉Details: https://coinmarketcap.com/academy/article/us-doj-charges-2-school-staff-for-mining-crypto-in-school-district

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🗞 CryptoNews of the Day 🗞

Polygon Labs Lays Off 19% of Employees for “Enhanced Performance”: Polygon Labs, the company behind the Polygon blockchain, has announced layoffs affecting approximately 19% of its team members.

👉Details: https://coinmarketcap.com/academy/article/polygon-labs-lays-off-19percent-of-employees-for-enhanced-performance

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🗞 CryptoNews of the Day 🗞

India Maintains Controversial Crypto Tax Policy in Election Year: The government's annual budget, presented by Finance Minister Nirmala Sitharaman on Thursday, maintained the controversial tax deducted at source (TDS) policy for crypto transactions.

👉Details: https://coinmarketcap.com/academy/article/india-maintains-controversial-crypto-tax-policy-in-election-year

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🗞 CryptoNews of the Day 🗞

Jupiter Founder Defends JUP Airdrop After Highly Anticipated Launch Saw Backlash: Meow, the pseudonymous founder of Solana DEX aggregator Jupiter, has responded to criticisms of the project's massive JUP airdrop.

👉Details: https://coinmarketcap.com/academy/article/jupiter-founder-defends-jup-airdrop-after-highly-anticipated-launch-saw-backlash

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🗞 CryptoNews of the Day 🗞

Bitcoin Reaches New Highs Against Yen as Economic Weakness Causes Weak Yen: On February 5, Bitcoin hit a record high of 7.9 million yen on the Tokyo-based bitFLYER exchange, while its dollar price hovered around $52,000, significantly below its November 2021 peak.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-reaches-new-highs-against-yen-as-economic-weakness-causes-weak-yen

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🗞 CryptoNews of the Day 🗞

Coinbase Stock Rallies 14.2% After Beating Earnings: US-based cryptocurrency exchange Coinbase saw a 12.7% after-hours stock surge after its Q4 earnings report exceeded expectations.

👉Details: https://coinmarketcap.com/academy/article/coinbase-stock-rallies-142percent-after-beating-earnings

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🗞 CryptoNews of the Day 🗞

Citi Partners With Ava Labs To Complete Proof-of-Concept for Tokenizing Private Equity Funds: Citigroup, alongside other financial institutions like Wellington Management, ABN AMRO and WisdomTree, has completed a successful proof-of-concept for tokenizing private equity funds.

👉Details: https://coinmarketcap.com/academy/article/citi-partners-with-ava-labs-to-complete-proof-of-concept-for-tokenizing-private-equity-funds

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🗞 CryptoNews of the Day 🗞

StarkNet Foundation Announces STRK Airdrop, Over 1.3M Wallets Eligible: The Starknet Foundation has announced the airdrop of its STRK token to nearly 1.3 million wallets in the largest initial distribution by eligible addresses so far.

👉Details: https://coinmarketcap.com/academy/article/starknet-foundation-announces-strk-airdrop-over-13m-wallets-eligible

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🗞 CryptoNews of the Day 🗞

BONK Surges 13% Following Potential Revolut Learn & Earn Deal: Solana-based memecoin Bonk (BONK) jumped 13% after news broke of a potential partnership with European fintech giant Revolut.

👉Details:https://coinmarketcap.com/academy/article/bonk-surges-13percent-following-potential-revolut-learn-and-earn-deal

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🔎 CMC Research 🔎

January 2024 was an eventful month with the U.S. spot #Bitcoin ETFs approved by SEC, a historic milestone for the crypto industry.🚀

This #CMCReport further delves into the key trends and metrics over 2023, offering in-depth analysis and valuable insights into the top performing tokens, crypto exchanges, DeFi protocols, Layer-1 and Layer-2 networks, NFTs, and more.💪

👉 Details: https://coinmarketcap.com/academy/article/according-to-cmc-crypto-market-analysis-2024

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🗞 CryptoNews of the Day 🗞

U.S. Treasury Secretary Janet Yellen Calls For Regulatory Oversight on Stablecoins: U.S. Treasury Secretary Janet Yellen called for swift Congressional action to address "gaps" in digital asset regulation during a House Financial Services Committee hearing on February 6.

👉Details: https://coinmarketcap.com/academy/article/us-treasury-secretary-janet-yellen-calls-for-regulatory-oversight-on-stablecoins

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🗞 CryptoNews of the Day 🗞

Dymension Launches Mainnet, Airdrops $390M to Eligible Users: The highly anticipated Dymension network launched its mainnet on Tuesday, accompanied by a massive airdrop of DYM tokens worth over $390 million.

👉Details: https://coinmarketcap.com/academy/article/dymension-launches-mainnet-airdrops-dollar390m-to-eligible-users

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🗞 CryptoNews of the Day 🗞

BTC Miner CleanSpark Expects To Double Operating Hashrate Ahead of Halving: Bitcoin miner CleanSpark is aggressively expanding its operations, aiming to double its hash rate in the first half of 2024.

👉Details: https://coinmarketcap.com/academy/article/btc-miner-cleanspark-expects-to-double-operating-hashrate-ahead-of-halving

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🗞 CryptoNews of the Day 🗞

$800M in Unlocks From Avalanche, Aptos, Optimism and More in February: February is poised to witness a series of significant token unlocks and airdrops.

👉Details: https://coinmarketcap.com/academy/article/dollar800m-in-unlocks-from-avalanche-aptos-optimism-and-more-in-february

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🗞 CryptoNews of the Day 🗞

Bloomberg: Bitcoin Spot ETF Adoption Slowed Down by Due Diligence: The adoption of spot Bitcoin exchange-traded funds (ETFs) is facing a temporary slowdown due to extensive due diligence processes conducted by major trading platforms.

👉Details: https://coinmarketcap.com/academy/article/bloomberg-bitcoin-spot-etf-adoption-slowed-down-by-due-diligence

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🗞 CryptoNews of the Day 🗞

El Salvador’s Nayib Bukele Set to be Re-elected for Second Term as President: Nayib Bukele, the pro-Bitcoin president of El Salvador, is on track to secure a second term in office, according to exit poll data released on February 5.

👉Details: https://coinmarketcap.com/academy/article/el-salvadors-nayib-bukele-set-to-be-re-elected-for-second-term-as-president

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🗞 CryptoNews of the Day 🗞

3AC Founders-Backed Exchange OPNX To Shut Down Operations by Feb. 14: OPNX, a hybrid bankruptcy claims platform and crypto exchange founded by the co-founders of failed hedge fund Three Arrows Capital (3AC), has announced its official closure.

👉Details: https://coinmarketcap.com/academy/article/3ac-founders-backed-exchange-opnx-to-shut-down-operations-by-feb-14

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🗞 CryptoNews of the Day 🗞

Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.

👉Details: https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace

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🗞 CryptoNews of the Day 🗞

Former UK Finance Minister Joins Coinbase as Advisor: Former British finance minister George Osborne has joined cryptocurrency exchange Coinbase as a global advisor.

👉Details: https://coinmarketcap.com/academy/article/former-uk-finance-minister-joins-coinbase-as-advisor

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